Tin Prices Recover as Commodities Show Mixed Trends in DRC’s Mining Sector
Tin prices are showing a positive recovery this week, following a period of decline since March.
As of the week from April 28 to May 3, 2025, tin is trading at USD 31,216 per tonne, up from USD 30,891 the previous week, marking a notable uptick in the market.
During the week of April 21-26, 2025, tin had been trading at USD 30,891 per tonne, down from USD 35,142 the week prior (April 14-19).
This decline of 5% was largely attributed to the temporary closure of Alphamin, a U.S.-based company operating the Bisie mine in Walikale territory (North Kivu), due to security concerns. However, Alphamin resumed operations on April 9, 2025, helping to reverse the trend.
In addition to tin, tin concentrate (cassiterite) has experienced a positive recovery, with its price climbing to USD 9,957.90 per tonne, up from USD 9,854.23 in the previous week.
Other key mining commodities are also showing positive movement. Gold is trading at USD 109.69 per gram, up from USD 103.32 last week, continuing its upward trajectory.
Copper has increased to USD 9,204 per tonne, up from USD 9,108, while silver is slightly up at USD 1.06 per gram, compared to USD 1.05 last week.
On the downside, several metals are seeing a decline. Nickel, which had been priced at USD 13,208.83 per tonne, is now trading at USD 13,632.63, reflecting a slight drop.
Cobalt, despite the Congolese government suspending exports for four months, remains on a downward trend, with its price at USD 33,019 per tonne, down slightly from USD 33,022. Zinc has also decreased, now trading at USD 2,547.05 per tonne, down from USD 2,610.05.
Meanwhile, prices for tantalum, tantalum concentrate, and germanium remain stable at USD 227.00, USD 11,123.00, and USD 2,693.25 per tonne, respectively.
This week’s price fluctuations highlight the mixed performance of various mining commodities, with some metals experiencing recovery while others face challenges.
